Business Start Up Action Items
Thinking of starting a business? Here are critical items you should address: Establish a Banking Relationship Financing needsOperating Account Set upCheck deposit systemCredit card processing access Get Legal File EIN
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SALES TAX and USE TAX
The increasing complexity and required compliance to Sales and Use Tax are causing confusion for many business owners. Most often, the uncertainty is about what is taxable on initial purchase, and what
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Now What? Planning Items Post Sale of Your Practice
Take a Multi-Year Outlook on Income Tax Planning It is essential that you know what your tax liability will be from the sale of your practice. Once the tax liability
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Abbott Pratt Quick Tax Tip→
As illustrated in a previous post, the tax law changes of 2018 brought along a new benefit to pass through entities: The QBI Deduction, which is a deduction up to
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